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Labor-intensive products' exports drop

By Jiang Wei (chinadaily.com.cn)
Updated: 2009-03-11 13:46

China's exports in labor-intensive products dropped less than the overall exports in the first two months of this year, according to the General Administration of Customs.

Related readings:  China's trade down in early 2009  Foreign trade sector faces 'gloomy times'  Commerce Minister: China faces 'grim' export situation   Minister: Foreign trade likely to drop in Feb

Apparel exports reached $14.62 billion in January and February, down 11 percent year-on-year. Exports of footwear products hit $4.3 billion, down 2.3 percent. Overall exports dropped 21.1 percent over the same period.

Customs contributed this to the government's increases of tax rebates on labor-intensive products.